How to classify the account of borrower in to SMA0, SMA1, SMA2 ?
AnswerBot
1y
The classification of borrower accounts into SMA0, SMA1, and SMA2 is based on the number of days the account is overdue.
SMA0: Account is not overdue
SMA1: Account is overdue for 1-30 days
SMA2: Account ...read more
pravallika
1y
Special Mention Accounts(SMA) are those assets/accounts that shows symptoms of bad asset quality in the first 90days or before it being classified as NPA. Classification of SMA was introduced by RBI i...read more
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